For Any Country,if the World Price of Copper Is Lower

question 15

Multiple Choice

For any country,if the world price of copper is lower than the domestic price of copper without trade,that country should

• A)export copper.
• B)import copper.
• C)neither export nor import copper,since that country cannot gain from trade.
• D)neither export nor import copper,since that country already produces copper at a low cost compared to other countries.

---

Definitions:

Record a Check

The process of documenting the details of a cheque in financial records upon issuance or receipt.

Common Type

A classification or category that is widely recognized, accepted, or prevalent among others.

Endorsement

The act of giving one's public approval or support to someone or something, often seen in advertising, politics, and social media.

Issued on Bank Paper

refers to documents or certificates, typically related to financial transactions, printed on secure paper issued by a bank.